Barnes & Noble, a large US bookseller, has announced that Joseph Lombardi, chief financial officer (CFO), has resigned from his current position, but will remain a non-officer employee until mid-2012 to assist in the transition as the company undertakes an executive search for a new CFO. The company has appointed Allen Lindstrom, vice president, corporate controller, to interim CFO until a replacement is named.
Lindstrom joined Barnes & Noble in November 2007 as vice president and corporate controller. He is also principal accounting officer of the company. Prior to that, Lindstrom was CFO at Liberty Travel.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.